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REQUEST FOR PROPOSAL RFP #: RFP2332 For: Community Development Financial Institution Planning Support The Rhode Island Commerce Corporation (Corporation) seeks proposals from consultants to (1) identify
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01
Research and identify a community development financial institution (CDFI) that aligns with your goals and objectives.
02
Review the application requirements and submission guidelines provided by the CDFI.
03
Gather all necessary documents, such as financial statements, business plans, and project proposals.
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Fill out the application form accurately and completely, providing detailed information about your organization and its mission.
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Submit the application by the specified deadline and follow up with the CDFI to ensure that all requirements have been met.

Who needs for community development financial?

01
Nonprofit organizations looking for funding to support community development projects.
02
Small businesses seeking financing options to grow and create jobs in underserved communities.
03
Individuals or groups looking to invest in socially responsible initiatives that promote economic inclusion and empowerment.
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Community Development Financial Institutions (CDFIs) are specialized organizations that provide financial services in low-income communities and to people who lack access to financing.
Entities that qualify as Community Development Financial Institutions (CDFIs) and wish to obtain federal recognition or funding are required to file.
Filling out forms for community development finance typically involves providing organizational details, financial data, and demonstrating community impact. Specific forms and procedures may vary by agency.
The purpose of community development financial is to promote economic revitalization in underserved communities, providing access to capital to stimulate development and improve social conditions.
Information that must be reported often includes financial performance, community impact statistics, and compliance with regulatory requirements.
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